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Advanced TA SearchArchive - 5/3/2024 - Sign In to see current Signals. |
Crown Castle Intl Corp (CCI) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week after 4 consecutive negative weeks for the Crown Castle Intl Corp (CCI). During the week, the CCI gained 3.81 points, or 4.07%, and closed at 97.39 on Friday, May 3, 2024. It was the best weekly gain since December 1, 2023. Weekly volume was 20% above average. Long-term trend: [See CCI long-term trend chart] A long-term downtrend had started on December 31, 2021 at 209.87 and reached 84.72 on October 23, 2023. CCI lost 125.15 points, or 59.63%, in 94 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 56.01 and resistance is at 103.14. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend. Medium-term trend: [See CCI medium-term trend chart] A medium-term uptrend had started on October 23, 2023 at 84.72 and reached 119.50 on December 5, 2023. CCI gained -34.78 points, or -41.05%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (116.99) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend. Weekly Technical Indicators: [See CCI weekly technical indicators chart] Weekly Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since March 22, 2024. Use the following link to access a MACD help. Short-term trend: [See CCI short-term trend chart] A short-term downtrend had started on March 5, 2024 at 114.75 and reached 92.48 on April 18, 2024. CCI lost 22.27 points, or 19.41%, in 44 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (85.98) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend. Daily Technical Indicators: [See CCI daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 23, 2024. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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